Fake out or the high before bigger drop?

in #bitcoin13 hours ago

Looks like a fake out to me...

Bitcoin broke down and now has reset to the point it broke down from.

image.png

(Source: https://x.com/crypto_goos/status/1931230139167170733/photo/1)

This is either a fake out and the start of a surge higher....

Or, it's the rebound before lower lows.

I think it's the former.

We are starting to move much higher from here.